Examlex
When choosing a selection test, the HR professional must make sure that the test has been validated "in general" by the test vendor.
Layoff Cost
The financial impact associated with the termination of employees traditionally as a result of downsizing, restructuring, or automation.
Hiring And Training Cost
Expenses incurred in recruiting, hiring, and training new employees.
Regular Time Cost
This refers to the expenses associated with normal operations and working hours, excluding any overtime or special circumstances costs.
Over Time Cost
The added expense incurred from having employees work beyond their regular working hours.
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